Option agreements for land in Colne
Before you agree an option agreement on land near Colne, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.
Options are the usual way to bring larger sites forward. They let us invest in planning while you keep ownership and the use of your land.
- Free appraisal and written offer
- No commission: we're the buyer
- We fund the planning work
Selling land near Colne?
Send the postcode and a rough size.
Where Colne sits
Colne lies in Lancashire, roughly 23 miles east of Preston. Nearby, we also look at land around Nelson (2 miles), Burnley (5 miles) and Accrington (11 miles).
Farmland on the coastal plain, the Forest of Bowland National Landscape inland, and green belt around Preston, Blackpool and the east Lancashire towns.
| Town | Colne |
|---|---|
| County | Lancashire |
| Country | England |
| Postcode district | BB8 |
| OS grid square | SD84 |
| Nearest towns we cover | Nelson (2 mi), Burnley (5 mi), Accrington (11 mi) |
| Distance from Preston | About 23 miles east |
| Planning system | National Planning Policy Framework and local plan |
| When you're paid | Option fee now, price when the option is exercised |
| Planning costs | Ours, sometimes recoverable from the price |
Who an option agreement works best for
- Larger fields and blocks on the edge of towns and villages
- Land being considered in a local plan review
- Owners happy to wait several years for a higher price
- Sites with technical issues that need time to resolve
An option can capture more of your land's value where it needs a long planning journey, but the details matter. We explain every term before you commit.
How the money works
Option fee
A payment on signing, which you usually keep even if the option isn't exercised.
Purchase price
Often a percentage of market value with permission, less agreed costs.
Deductions
Which planning and infrastructure costs come off the price before you're paid.
Exercise triggers
What has to happen before we can buy.
Land near Colne that an option agreement suits
Land with planning permission in Colne
Rarely needed once consent exists, but can suit phased sites.
Land without planning permission in Colne
We pay for the right to buy later and fund the planning work meanwhile.
Small sites in Colne
Useful if land needs assembling from more than one owner.
Brownfield land in Colne
Can suit larger brownfield sites with a longer planning route.
How a sale works
Tell us about your land
Send the postcode or address and a rough size.
We check it properly
Title, planning history, access, flood maps and local policy.
You get a written offer
With the main figures behind it, so your adviser can check it.
The legal work
Your solicitor and ours handle the contract through to completion.
Planning and legal points for land in Lancashire
Planning framework
Planning decisions in England follow the National Planning Policy Framework, revised in August 2026, and the local plan, prepared by the council or, in a national park, the park authority. Plans are reviewed periodically, which is when new housing sites are usually allocated.
Section 106 and CIL
Larger schemes often need a Section 106 agreement for affordable housing or contributions, and councils that have adopted the Community Infrastructure Levy charge it per square metre of new floorspace.
Common problems, and how we handle them
You want to be sure we'll actually pursue planning
Agreements can include obligations to use reasonable endeavours and set milestones.
You'd like your advisers' costs covered
Many option agreements include a contribution to the landowner's legal and agent costs. We'll tell you if ours does.
Useful to send us
- The address or postcode
- Your title number, if you know it
- Any planning applications or letters
- How soon you'd ideally like to sell
Common questions
What is an option agreement?
A contract that gives the buyer the right to buy your land within a set period, usually after planning permission is granted. You receive an option fee now and the purchase price if the option is exercised.
How long do options last?
It varies with the site. Several years is typical for land needing local plan allocation, often with extension rights.
What's the difference between an option and a promotion agreement?
Under an option the buyer has the right to buy the land. Under a promotion agreement a promoter gets permission and then sells the land on the open market, taking a share of the proceeds. We offer options, not promotion agreements.
Can you visit land near Colne?
Yes. Once we've looked at the title and planning position, we arrange a site visit if the land looks suitable. Send the address or postcode to start.
Option agreements near Colne
Other land types and routes
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- Green belt and grey belt land
- Land for affordable homes
- Farmland and agricultural land
- Paddocks and equestrian land
- Barns and rural buildings
- Building plots
- Garden land and backland
- Infill plots and gap sites
- Small sites
- Garage sites
- Brownfield land
- Redundant commercial and industrial land
- Inherited and probate land
- Landlocked land and access problems
- Outright purchase
- Subject-to-planning sale
- Joint ventures
- All land in Colne
- Option agreements in Lancashire
Get a straight answer about your land
Send the postcode and a rough size. We'll check the title and planning position and come back to you.